Monday, 11 March 2019

Mittal's homecoming cost: $7bn, 1-yr legal drama

When Lakshmi Mittal, 68, left India for a vacation through Asia more than four decades ago, he didn’t plan to stay in Indonesia and lay the foundation for a steel empire that spans the globe and generated $5 billion in profits last year. Yet that’s what he did, even as a string of efforts to establish himself in India’s steel market failed -- until now.

from Times of India https://timesofindia.indiatimes.com/business/india-business/homecoming-costs-indian-steel-tycoon-lakshmi-mittal-7-billion-after-a-year-of-legal-drama/articleshow/68369931.cms
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